Are you still using spreadsheets?

They are time-consuming and costly to produce, may lack accountability, and
their quality and final results may be questionable. Let Adastra show you how to
save
your time and resources.

Ask financial workers what they think of when they hear the words
financial consolidation and most would say „Spreadsheets“. This should come
as no surprise as the majority of companies performing financial consolidation
today continue to use them when reporting, despite the fact it is a voluminous,
lengthy and largely unwatched process with unpredictable and uncertain
results.

At Adastra we know a better way. Let us show you specialized tools to
streamline, shorten and reduce the costs of the whole cycle of financial
consolidation significantly and solve your financial consolidations
intelligently and affordably.

Having top-quality financial data at your fingertips at the moment you need
them is a must in operational and strategic decision-making. Adastra can help
you make the transition and offer you our tools and know-how to improve
financial consolidation and reap your just rewards.

200

The IBM Cognos Controller comes with more than 200 pre-configured reports. Gone
are the days when reports were processed individually.

Our proven tool

IBM Cognos Controller

The IBM Cognos Controller is a comprehensive financial consolidation solution
that streamlines the entire consolidation process from tracking
data flow to reporting.

The IBM Cognos Controller automates the entire process of
financial consolidation and places full control of this process in the hands of
the Financial Department which will appreciate its modernity and user-friendly
interface as it integrates with other tools and CPM platforms. Everything you
expect to find in traditional financial consolidation is included in the
parameter-driven platform but it also consolidates Management reporting and can
expand to other dimensions such as products and territories.

Last but not least, the tool comes with more than 200 pre-configured reports
that accord with a multitude of standards including IFRS and GAAP amongst
others. Such performance is ordinary with this solution. Let Adastra show you
how it can help you.

Case studies

stories of successful projects

Read the stories of successful projects. In these stories you can find an
interesting wisdom of gained experiences and certainly answers to many of your
questions.

How do you create a data warehouse and bank reporting for a newly established
bank? Would you like to know? Keep reading! Equa bank is exactly such a case.
Not only that, the bank requested some data from an online data warehouse. No
small feat considering the data had to keep its consistency and be integrated in
the data warehouse to provide an…

The bank opted for a new CRM solution. Switching to a new system, however, could
not be successful if, at the onset, it lacked all the necessary data stored in
the original CRM. For a successful transfer to take place, all required data
must be extracted and uploaded into the correct place, on time, and in such a
way that all customer requirements…

The Adastra Banking Data Model (ABDM) has enabled our customer to build a
completely new system for approving loan products, an Operational Data Store and
a new consolidated data warehouse (Analytic Data Store). The banking model
continues to prove its flexibility and efficiency above all other solutions that
use this model even after many years…

A major Czech bank is using API/ELT generators by Adastra, for an Oracle
Database, to successfully create a new system for automatic application
approvals (NAS DB), an Operational Data Store and a new data warehouse (Analytic
Data Warehouse).

The client is an international company that sells its products worldwide
which must report results in an exact and precise way on a monthly basis.
Adastra provides the company with a system that guarantees complete overview and
accountability of all key indicators, generates annual closing numbers, in
addition to forecasts for the end of the…

Following consultations with Adastra, the bank successfully migrated and
consolidated its databases on the Oracle Exadata Database Machine platform.
Thanks to this, the bank dramatically simplified its IT infrastructure with
regard to databases, making them more effective and faster, all while cutting IT
infrastructure cos­ts.

Team

YOUR Financial consolidation EXPERTS

Our reputation is built on capable people who steer your project
to a successful end. Meet your new team!